Entries in learn to trade emini (133)
Learn to Trade Emini Futures - FOMC Statement 01/25/12
Fed Chariman Ben Bernanke speaking today at a press conference stated that recent signs of strength in the economy do not rule out further quantitative easing measures if warranted.
"We not ready to declare we've entered a new stronger phase" in the economy, Bernanke said in his press conference. Many economists believe economic growth will slow again in the first half of the year after what looks like a very good fourth quarter.
If the economy falters or if deflationary pressures continue to mount, the Fed would consider further purchases of assets such as Treasurys or mortgages. "That option is certainly on the table," Bernanke said.
Learn to Trade Emini Futures - Emini Podcast 01/24/12
The S&P 500 Emini Futures traded inside a 7 point range again today until Apple released their record blowout earnings. When Globex opened at 3:30 CST the market made what seemed to be an obligatory 3 point move up to our next Weekly Trading Zone 1315/1316 where it promptly stalled out and has remained since.
Apple (AAPL) is selling a whole lot of just about every product it makes — and investors are loving it.
The company's stock shot up more than $32, or nearly 8%, in after-hours trading after it announced that its first quarter — which ended Dec. 31 and spanned the holiday buying season — was its best ever.
Revenue surged 74% to a record $46.3 billion and profit more than doubled to $13.1 billion, blowing away Wall Street's expectations as Apple sold more iPhones, iPads and Mac computers than in any quarter in its history.
Learn to Trade Emini Futures - Emini Podcast 01/23/12
The S&P 500 Emini Futures along with most other markets gapped open lower on the Globex open Sunday night. As the Asian markets unfolded the sell-off abated. As London opened it was a steady move higher with the Euro 6E leading the way. After a bullish open on Wall Street it all unravelled rather quickly, only to put in a somewhat modest rally attempt into the close.
The good news is this - We spent most of last week stuck inside a 7 (seven) point range on the S&P 500 Emini Futures. Today in 2 hours the market managed to move 13 points during the U.S. session. As we wrote last week, when the river is flowing, Emini Futures Traders are happy campers.
Learn to Trade Emini Futures - Emini Podcast 01/20/12
The S&P500 Emini put in a higher high today and closed there - 1 tick above yesterday. The majority of the last 2 trading sessions including Globex were spent inside an approximate 7 point range. As Emini Futures Traders we are in the unique position to profit from either up or down markets. Our greatest dilemma are days like we've seen this past week when the market flattens out and begins to coil for the next big move.
Once that move is underway profit opportunities will abound. What's important is to make sure you still have some dry powder when the time is right. We will be watching the Sunday night session as it opens and issuing trade alerts to Partners and all those who have signed up for the Free Trial.
Learn to Trade Emini Futures - Emini Podcast 01/19/12
The S&P500 Emini continued cautiously higher today on the back of better than expected employment numbers and positive earnings reports. The lack of volatility when Wall Street opens has become palpable. Today we saw very disappointing numbers from the Philly Fed and yet the market seemed numb. Is this the calm before the storm? Are we seeing a slow motion top being put in place? Almost every chartist, technical analyst and indicator out there seems certain that we are pressing into upside levels that aren't easily broken. I will cast my lot once I see price trade above 1330 or back below 1264.
Learn to Trade Emini Futures - Emini Podcast 01/18/12
The S&P 500 Emini futures have given both sides of the market ample opportunity this week inside a relatively narrow range of 18 points. The Bulls have held firm at each touch of our Weekly Trading Zone - 1285/1286. Today brought a slightly higher of 1304.25. Tonight on Globex we have dynamic support printing at 1301.75 and dynamic resistance at 1304.00 so far...
Learn to Trade Emini Futures - Emini Podcast 01/17/12
Post holiday trade was extremely quiet during the morning session. As the afternoon got under way the S&P 500 Emini made a textbook Zone to Zone move.
Last Night's TWEET!
Learn to Trade Emini Futures - Emini Podcast 01/13/12
While failing to make a higher high overnight on Globex or during Friday's day session, the S&P500 Emini Futures did manage a rather impressive rally in the final hour of trading. The market closed for the week @ 1289.50, two ticks below the Weekly Trading Zone at 1290/1291.
Wednesday night we posed an Emini Question of the Day. (see the post) Thursday night we answered the question with a classic chart. Today we get to offer this Emini Trading Advice one more time -
Learn to Trade Emini Futures - Emini Podcast 01/12/12
>S&P500 Emini futures put in a higher high pre-market @ 1297.50. Tonight on Globex we've put in a lower high @ 1294.25. Attention CFRN Partners: There is a new Swing Trade underway - check your emails.
Last night we posted an Emini Question of the Day - (see last night's blog)
Here's the answer -